Thursday, 8 April 2021

stock picking 1.2

 The company should meet these two criteria

  • Repeat purchase/recurring utility - one every month
  • it should grow with the growth of the internet - the internet should increase/support the 1st point
  • it should be the leader in the market in that category - india is a low trust country
  • price - ?
I Will elaborate it later 


Fun fact:
What percentage of Indian invest in stock market?
2%
While investing in stock markets has become more popular in recent times, overall penetration remains low — only 2.78 crore Indians invest in the stock markets, which is around 2% of the country's population. In comparison, over 50% of Americans own stocks.


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